Charles Weaver
Next move to grow portfolio
15 September 2021 | 2 replies
The 3 unit after getting all new tenants gets $3350 a month my mortgage is $1250 a month but I pay oil water and sewer for 2 of the units the other I just pay water and sewer.
TJ Woolum
SFH vs Multi-Family Cash Flow
17 September 2021 | 3 replies
(These are not metered out so gas/electric and water/sewer is killing the cash flow).
Jason Ridout
Cashflow still exists even with high BC real estate prices.
19 November 2021 | 2 replies
.$4,200 total income-$500/ property tax-$200/m insurance-$150/m maintenance-$100/m city utilities (water/sewer)-$210/m 5% vacancy (even 5% is overkill)-$2,500/m mortgage ($700k @ 2%)=$540/m cashflow - Even if you wanted to have a property manager at 10% the property would still be cashflow positive.This property only generates 0.47% of the purchase price per month (nowhere near the 1% rule) but still cashflows.
Jeffrey D.
Leasing house advice
6 October 2021 | 7 replies
We have had a crack in the stucco patched up in 2016, then major exterior work done in 2019 to our house (and our whole development due improperly installed windows, no drainage, rotting wood/stucco damage - builder fortunately paid after getting lawyers involved).
Sesha Bhojanapalli
FHA for now and the investment loans
16 September 2021 | 4 replies
WDOs, water tests & sewer inspections not required.Disadvantages:1.
Kaleb Herndon
Rookie Question regarding FHA Loan
15 September 2021 | 1 reply
Get some exact numbers for the well- the number of feet you need to go down, the soil type and quality of water all matter
Armando Gomez
Eviction in California when can we start the process
27 September 2021 | 5 replies
Also has late water bill and city wants to attach it to my Home thru a lien. ( water bill is aprox. $400)She gave me a verbal notice that she was moving out June 2020.
Shannan Bowen
After Closing Disaster... TRUE story!
15 September 2021 | 4 replies
They did thorough research on the property interests, including contacting the township to inquire about any vacancy fees, unpaid water bills and such.
Bruce Woodruff
Need input on idea $$
18 September 2021 | 8 replies
Well you can test the water by setting your prices higher for anything beyond say 6 weeks.
Ben Feder
How to get tenants to pay for utilities?
16 September 2021 | 11 replies
When I was younger people always cautioned me against renting apartments where heat or water was split with tenants.